The chief executive of Mercedes said the luxury automaker is "scurrying†around looking for alternatives after a key microchip maker was caught in the geopolitical crossfire between the U.S. and China... ...

Core Insights - Verizon's new CEO emphasized the need for "bold and fiscally responsible action" following a period of investor concern regarding the company's growth messaging [1] Group 1 - The new CEO's approach aims to reassure investors after previous communications raised concerns about growth potential [1] - The emphasis on fiscal responsibility indicates a strategic shift towards more sustainable financial practices [1] - The company's leadership is focused on balancing aggressive growth initiatives with prudent financial management [1]

每经AI快讯，10月29日，威瑞森盘前涨超3%，公司第三季度调整后每股收益1.21美元，上年同期1.19美 元。 ...

Let's get a check on a few stories that we're following this morning. A federal judge extending a temporary order blocking the Trump administration from firing thousands of federal employees during the government shutdown. This injunction prohibits any new layoff notices for federal workers and will pause any existing ones.Visa shares looking at some modest gains after initially jumping on the back of fourth quarter results that beat on both the top and the bottom line. The company saying that consumer spen ...

Core Insights - Verizon Communications reported third-quarter adjusted earnings of $1.21 per share, exceeding Wall Street expectations of $1.19, while revenue reached $33.8 billion, slightly below the forecast of $34.26 billion [2][4] - The company added 44,000 wireless postpaid phone subscribers, although its consumer business lost 7,000 subscribers, contrasting with estimates for a gain of 19,000 [3][4] - Verizon announced a dividend increase and reiterated its guidance for 2025, despite facing intensified competition in the wireless market [1][4] Financial Performance - Adjusted earnings for the third quarter were $1.21 per share, up two cents from the previous year, while revenue increased by 1.5% to $33.8 billion [2] - Earnings before interest, taxes, depreciation, and amortization (EBITDA) were reported at $11.23 billion, falling short of the estimated $12.73 billion [4] Subscriber Metrics - Verizon's consumer business experienced a loss of 7,000 subscribers, while the overall addition of 44,000 postpaid phone subscribers was better than expected [3] - The company successfully added 261,000 wireless 5G broadband customers, bringing the total to 5.4 million by the end of September [3] Leadership Changes - Verizon appointed Dan Schulman as the new CEO, replacing Hans Vestberg, with a commitment to transform the company's culture and financial profile [6] Market Position - Verizon's stock rose by 3.3% to $40.61 following the earnings report, although it had previously declined by 2% in 2025 [8] - The stock holds a Composite Rating of 25 out of 99, indicating a relatively low growth potential compared to top-performing stocks [8][9]

Core Viewpoint - The new CEO Dan Schulman has committed to implementing "bold and fiscally responsible action" to revitalize the wireless carrier's performance [1] Group 1 - The company is facing challenges and is in need of a strategic turnaround to improve its market position [1] - Schulman's leadership is expected to bring a fresh perspective and innovative strategies to address existing issues [1] - The focus will be on balancing aggressive initiatives with financial prudence to ensure sustainable growth [1]

Verizon Communications logged higher third-quarter profit and revenue, and the company said it is still on course to meet its yearly goals. ...

Verizon, the largest mobile-service provider in the US, lost wireless phone subscribers in the third quarter, highlighting the first major challenge for new CEO Dan Schulman https://t.co/gHQHfp1mve ...

Core Insights - Verizon's Q3 operating revenue was $33.8 billion, falling short of market expectations of $34.25 billion [1] - Adjusted earnings per share for Q3 were $1.21, slightly up from $1.19 in the same period last year, meeting the forecast of $1.19 [1] - Adjusted EBITDA for Q3 was $12.8 billion, representing a year-over-year growth of 2.4%, exceeding the estimate of $12.76 billion [1] - The company maintains its full-year operating cash flow guidance of $37 billion to $39 billion, compared to the market estimate of $37.81 billion [1] - Verizon continues to project full-year free cash flow between $19.5 billion and $20.5 billion, against the forecast of $19.96 billion [1]

Verizon beat Wall Street estimates for quarterly profit and wireless subscriber additions on Wednesday, as promotions around the recent iPhone launches helped the U.S. wireless service provider attract more customers. ...